Ex-Cap Review 2024 – A reliable trading brand?

About Ex-Cap

Traditional finance and the blockchain space seem to be converging. As a result, traders have access to new instruments, which is the case with crypto-denominated instruments, or CDIs. Ex-Cap is a retail trading brand offering access to such tokenized assets, working on behalf of people wanting to trade with crypto holdings. 

Basically, you open and verify a live account, like with other brokers. Then, you proceed and deposit crypto. At the same time, all the trading instruments covered by the broker are denominated in cryptocurrencies. The process is not familiar to all people, so an Ex-Cap review comes at the right time. 

Trading CDIs

Back in the day, crypto holders were limited to the digital assets space. Ex-Cap managed to expand the outreach by enabling access to hundreds of CDIs based on currencies, metals, indices, shares, cryptocurrencies and energy. 

The asset mix is similar to what a usual online broker provides. A major difference is that you don’t need to exchange crypto for fiat to start trading. In doing so, exchange fees are being saved. Although you are working with digital assets, this broker promises tight security because most funds are kept in cold storage. 

Additionally, Ex-Cap is owned by a company registered as a financial services provider with the FSA. It’s also regulated as an international brokerage and clearing house by M.I.S.A. 

Accounts

Ex-Cap seems to be addressing traders of various kinds, thanks to the diverse account types. At the time of writing, users can choose between Basic, Classic and Individual accounts. Minimum spreads look decent with the Basic account and get increasingly competitive with the other solutions. 

While there are no trading commissions with Classic and Individual accounts, this trading cost must be considered with the Basic account. All customers have access to the entire CDI coverage and up to 1:200 leverage. The minimum order size is 0.01 (or one micro lot), so you have complete freedom on the amount, based on your account and risk management rules. 

Support

Any person interested in learning more about CDI trading and other particularities associated with Ex-Cap can reach out to customer service. If you are not yet registered, there are some email addresses and phone numbers available on the broker’s website. 

Customers receive tailored support based on their account types. Technical support (Basic account), premium support (Classic account) and support from a dedicated account manager (Individual) are accessible. In terms of schedule, the support service is available between 7 am and 5 pm GMT. 

Summary 

Ex-Cap is a licensed entity that proves it can ensure a high level of security for customer funds, even though we’re talking about cryptocurrencies. CDI trading ends up as a viable choice for those who want to take advantage of traditional asset prices, while at the same time, keeping their funds in crypto. 

This broker has an interesting infrastructure and it’s able to address a global audience. With that being the case, we can include Ex-Cap among the reliable brands.